ZIP 60601 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60601 in the Chicago housing market is $410,666, with a typical rent of $3,044 per month. That puts the local home-value-to-annual-rent ratio at 11.2.
Key stats
- ZIP 60601 is around the 78th percentile of tracked local ZIPs for home value.
- ZIP 60601 is around the 2nd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 11.2.
- 67 homes went pending for every 100 new listings in the current reading.
- Supply and buyer competition did not produce a clear easing or tightening split.
- Typical home value
- $410,666
- Typical rent
- $3,044
- Homes for sale
- 181
- Buyer competition
- 41
- New listings
- 43
- Homes going pending
- 29
- Listings with price cuts
- 15.0%
Price and rent in ZIP 60601
ZIP 60601 is around the 78th percentile of tracked local ZIPs for home value. ZIP 60601 is among the highest of tracked local ZIPs for rent.
ZIP 60601 home value & rent trend (past 12 months)
Typical home value fell 0.5% over the past 12 months, from $412,835 to $410,666. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.7% in March 2026.
Typical rent rose 3.0% over the past 12 months, from $2,955 to $3,044. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.4% in July 2026.
How ZIP 60601 compares to the metro
ZIP 60601's typical home value is 20.7% above the metro median of $340,167. ZIP 60601's typical rent is 61.7% above the metro median of $1,883. ZIP 60601's buyer competition is 35.4% below the metro median of 64.
How fast homes sell in ZIP 60601
Homes in ZIP 60601 typically go pending in about 79 days — about 204% slower than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60601 is around the 91st percentile of tracked local ZIPs for for-sale inventory. ZIP 60601 is around the 2nd percentile of tracked local ZIPs for buyer competition. 67 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 122 and 184 — a 62-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60602, 60603, 60604, 60606.
Continue your market research
- Is Chicago Housing Market Cooling?Read the related local market analysis.
- Is Chicago a Buyer's Market?Read the related local market analysis.
- Compare 60601 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60601 vs 60603Compare this market with another tracked ZIP or peer group.
- Compare 60601 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60602 housing marketReview a nearby local market with the same core measures.
- ZIP 60603 housing marketReview a nearby local market with the same core measures.
- ZIP 60604 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60601 Housing Market Overview FAQ
What is the typical home value in ZIP 60601?
The typical home value in ZIP 60601 is $410,666 in the latest monthly reading.
What is the typical rent in ZIP 60601?
Typical rent in ZIP 60601 is $3,044 per month.
What is the home-value-to-rent ratio in ZIP 60601?
ZIP 60601 has a home-value-to-annual-rent ratio of 11.2.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules